Barclays lowered the firm’s price target on DoubleVerify to $45 from $47 and keeps an Overweight rating on the shares following the AI innovation day. The company’s pace and depth of innovation differentiates it from the rest of the space, and should serve as a new lever of growth for the coming years, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on DV:
- RBC Capital more positive on DoubleVerify after product innovation day
- DoubleVerify price target lowered to $40 from $45 at Piper Sandler
- DoubleVerify price target lowered to $40 from $43 at JMP Securities
- DoubleVerify raises FY23 revenue view to $562M-$572M from $557M-$569M
- DoubleVerify narrows Q3 revenue view to $137M-$141M from $135M-$141M